Speaker 1: The big issue is again the United States economy is
doing better than most of the world. Germany's in a recession.
It's the third largest economy in the world, the second
on economy. China has gone to crap with the three
years of zero COVID policy. With every boom, there's a bust.
Speaker 2: You are listening to Carrie Let's's Financial Survival Network, where
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Speaker 3: Ever, and welcome.
Speaker 4: You aren't listening to and watching the Financial Survival Network.
I'm your host, Carrie Let's Gerald Celente Trends Research, Trends
Journal is with us now. Jerald, it's great to have
your back. So we're talking pre call. Your election forecast thankfully,
although I don't know if it really matters in the
long run, was incorrect and it's now we're going into
the Grover Cleveland slash Donald Trump second term here non consecutive.
Speaker 1: Yep, Yeah, we got it wrong because we go by
the data and the reason the Republicans didn't do well
in the midterm elections. The facts are there was because
of the row verse weight issue. They were anti abortion
and Kamela Hilarious was pro abortion, and we thought that
would be a big issue. Didn't come in at all.
It was way down. Geopolitics meant nothing. You know, according
to the polls, it's the working class having difficulty and
that's what brought Trump in. And again you go back
to two thousand and twenty twenty two, the midterm elections.
We had an inflation rate at nine percent and Biden's
ratings are in the toilet, and the Republicans still didn't
do well. So we went on that and we were wrong.
So anyway, going back to what we see now is
that twenty twenty four is going to be a Trump cut.
You know, there are the data coming out now is
that he has a very positive rating among the general
public to do positive changes, and we have to see
if that's going to happen, whether or not it's just
bs or whether or not he's going to take actions,
and of course the tariffs is one of them. There's
an article that just came out in the Financial Times.
This is the headline Wall Street bets Trump's tax cuts
and tariffs will spoil aim for a weaker dollar. And
Trump has been saying that he wants a weeker dollar
so that American manufacturers could sell their products overseas. So
they're saying that's not going to happen because of the
tax cuts and the tariffs. So again, we don't know
because when you look at what he did with tariffs
when he was president, yeah he puts them on, but
others that he said he was going to do, he
didn't do. So we don't know what's going to happen.
But the bottom line is this, if the dollar stays
strong and the dollars up, you know, it's quite it's
gone up pretty well this year since he's been in
and you're looking at the dollar, it's expected to be
at parody against the euro. The dollar's gone up six
point two percent since late October. So now you're looking
at goal prices. When trunk won gold went down from
what dollars and now we're at what by two thousand
and six hundred and thirty something bucks.
Speaker 4: Six thirty four or forty if it be exact, according
to kitko dot com.
Speaker 1: So the stronger the dollar gets the week of goal,
prices go and it's that's the deal. And if then
we go back to this is what Financial Times is saying.
Is that all saying, quote, it's the economy stupid, and
we believe Trump is going to do everything he can
to boost up the equity markets and the economy. And
in order to do so, you have to have lower
interest rates.
Speaker 3: Which means inflation.
Speaker 4: Right, You got to have inflation because everything we got,
all that money, the monetary base, all that money chasing
less goods, and then the goods it will be chasing.
In theory, at least a lot of them will be
more expensive, especially if they're from China and other places.
But I think there is you know, it's fascinating to
watch the way the sentiment can change. I think he's
legitimate about what he wants to do. And I want
to talk about an issue that I've seen it mentioned
a few times, very few people talking about. I know
you are familiar with it, and that is impoundment authority
of the president, meaning if Congress historically before Nixon, if
Congress allocated money and the president didn't think it was wise,
he'd refused to spend it. He'd impound it. Congress passed
the Impoundment Authority Act, which said you could do it,
but we have to approve of your impoundment. Nixon went
to court. It was during Watergate. He lost in the
Supreme Court. But it really wasn't a definitive decision like
Roe versus Wade, like we thought ro versus Wade will
or any number of decisions that we thought, this is
going to come back into play. I've seen it, I'd
known it, I felt it for for I was surprised
he didn't do it last time, but he really didn't
know what he was doing then.
Speaker 3: But now what's Congress going to do?
Speaker 4: Especially it's Republicans where he said, they say, well, we're
going to give you know, fifty million bucks to go
investigates the mating habits of CC flies.
Speaker 3: In Tahiti, and of course we'll be taking a lot
of trips out there to monitor the research. Personally, Are
they going to rebel or are they totally cowed? It
looks to me like like even the renegades, the Mavericks
and his own party are going to toe the line here. Gerald.
Speaker 1: Oh, yeah, he has the power this time, we believe.
And you look to people that he's brought in with him,
like Musk. You know, by the way, you have to
make this very clear. If you're not a billionaire and
you're not rich, you have no say about anything. Yeah,
for sure, we're just plantation workers of slave land. Our
voices don't count. You gotta have do.
Speaker 3: You know.
Speaker 1: It's and again, this is going on all over the world.
You're seeing the outrage that's going on in France with
the people against what's going on in that government. They
just got rid of, the getting rid of a guy
that's the clown boy playing the Chancellor of Germany, all
Off Schultz. By the way, Moody's just downgraded France's economy.
Germany is basically in a recession and they say that
in twenty twenty five the GDP this I mean is
the clown stuff that they put out, we'll grow by
a zero point one percent. You know, that's recession. So
it's the whole world that's against what's going on, and
the populist movements are gaining power. So going back, I
believe Trump is going to have all the power that
he wants and to do what he wants. And on
the tariff issue, I have to tell you I support it,
and yes, prices might go up again. You could google
this up.
Speaker 4: And I agree with you. I totally am in favor
of them.
Speaker 1: History of tariffs in the United States, and they talk
about the President William McKinley, and this is like in
the late eighteen hundreds eighteen nineties, he said, on the
free trade, the trader is the master and the producer
the slave. Protection is but the law of nature, the
law of self preservation, of self development, of securing the
highest and best density of the race of man. Excuse me,
it is said that protection is immoral. Why if protection
builds up and elevates sixty three million, that was the
population of people, the influence of those sixty three million
of people elevates the rest of the world. We cannot
take a step in path, the pathway of progress without
benefiting mankind everywhere. Free trade destroys the dignity and independence
of American labor. It will take away from the people
of this country who work for a living, and the
majority of them by the sweat of their faces. It
will take from them heart and halm and hope. It
will be self destruction.
Speaker 3: So and.
Speaker 4: Look, you already said China is building these huge evy
factories in Mecha, Mexico, and they're going to build the
cars there and then import them in here duty free. Well,
I think that he threw a monkey wrench in that plan.
What about immigration? Immigration became an overarching issue which basically
the left just completely ignored and denied its validity. What
do you see as far again, we're getting back into
twenty twenty five, but this is definitely a trend in
twenty four of anti unfettered immigration. I mean, look, your
people came from Europe minded, but they had to go
through a process, they had to be vetted. And then
to just have open borders twelve million people coming in,
many criminals. I mean, you know Clinton set the stage
when he allowed the I think it was him the
Mariel boat lift where they Cuba sent all of their
crazies and all of their inmates to the United States
with no repercussions whatsoever. Venezuela is doing it.
Speaker 3: It's really an act of war against the country, isn't it.
Speaker 1: The reason why they want immigration is cheap labor, and
that's why we're letting go go to any marshalls, any target,
any calls an any home depot. As you walk in,
his signs on the door. Help want in full time,
part time. They pay nothing, They pay nothing. It's better
than the plantation system because back in the day you
had a house them and feed them. Now you give
them enough money. Get that laddie, you come back tomorrow.
They want to. I'm telling you that again. We're talking
about when I was a young guy. I remember my parents,
I mean they rest in peace talking about their cousin
Constantino that they wanted to bring in from from Naples,
and they couldn't bring him in. It was very difficult.
They changed it, and the guy grew up, you know,
on the same age as Trump. During the Vietnam War LB.
Jerkoff over there in Texas and they he changed the
immigration was because they were drafting all us guys. Then
they needed more people to work. Then I wrote about
it my book Trends two thousand, which was an international bestseller.
The H one b Vsus When the when the Internet
revolution began in the nineties, all of a sudden, you know,
Silicon Valley thing is booming, and they're paying people a
lot of money. We don't want to pay them all
this money. We have an H one BV. So we
want to bring in cheap labor from India and China.
That was then, that's what brought that's what kept changing it,
and now it was you'll start reading people are complaining
because they're afraid they're going to be losing labor. I
think doing construction work across the street over you, I
didn't hear one guy speak in English.
Speaker 4: Remember that construction projects, especially here in Florida, used to
be all African Americans there. Now you don't see any
of them on these projects at all.
Speaker 3: Hispanics.
Speaker 4: And you know, I assume have to labor out there
is probably illegal on these jobs.
Speaker 1: That's why they wanted she played, and going back by
the way to the tariffs, McKinley also said that what
do you want she products or high wages. You know,
I have a little plate I had somebody eating some
toast in it and it was from my aunt Sidsey.
Sidsey's the Neapolitan dialect for ante. And she passes the
way you get her stuff and it says Syracuse, China,
made in Syracuse, New York. And it's a Syracuse, China, USA.
Beautiful little plate. We're up here in Kingston. They had
gant shirt factories. They have factories all over the place. Oh,
there wasn't a thing called rustbelts before. Used to be manufacturing. Again,
it began to change and Bill Clinton destroyed it more
than anybody with NAFTA and then bringing China into the
World Trade Organization. I want to make this clear. About
four years ago, we said that the most profitable nations,
one of our top trends would be self sustaining and
self sufficient. America has all the human and natural resources
we need to be self sustaining and self sufficient. Made
in America. I want to get fine wine from France.
I love that persuit though for Mialy. But again I
dropped during the Vietnam War. Right, we got to stop
those dirty commis in Vietnam because if we don't stop them,
those Dominoes are going to keep falling and their commis
are going to take over Asia. That was the lie
that they sold. I remember the domino Okay, our biggest
importer of clothing and shoes, we get it from Vietnam.
Speaker 3: Vietnam.
Speaker 1: Right, Oh, there's still comis over there running the show. Right. Oh,
that doesn't make any difference. Oh, you got the commis
in China. That doesn't break any.
Speaker 3: There are comedies.
Speaker 1: Oh yeah, but when you want a liars into war. Oh,
then the commis are no good. But well, we can
make a lot of money there, shut your mouth. Yeah
we're making money. I'm a billionaire. You're a nobody. You're
a nobody.
Speaker 3: Yeah, so true, so true.
Speaker 4: Well, you know that's why you can't believe anything they say. Uh,
but you think we're going to have these mass deportations here.
Speaker 1: I think to some level I do, and uh, you
know it's going to happen. But you know, that's not
the big issue. The big issue is again, the United
States economy is doing better than most of the world.
Germany's in a recession. It's the third largest economy in
the world, the second economy. China's gone to crap with
their three years of zero COVID policy. With every boom,
there's a bust. They had a boom when slime Ball. Oh,
by the way, this is how I felt about when.
Speaker 5: I can't stand that little, arrogant, little nothing of a boy,
Billy Clinton. This was a T shirt that I did
when he ran for office back in nineteen ninety two.
All right, that little slime ball when he brought China
into the World Trade Organization officially, they came in two
weeks after nine to eleven.
Speaker 1: When no he's watching. You look at China's GDP from
nineteen seventy to two thousand, it's like this. They come
in woo sky routs. They overbuilt with all booms. There's
a bust.
Speaker 3: It's like Japan, all booms.
Speaker 1: They made a very bad situation, terrible with three years
of zero COVID policy. They destroyed the lives and livelihoods
of hundreds of millions finished. There are some between those numbers.
You look at between sixty and ninety million vacant apartments,
they're thirty percent of the gross domestic product. Real estate. Yes,
real estate investment just fell another ten point six percent
this past month. It goes down month after month after month.
So what I'm saying, what I'm saying is that the
whole world that we talk about France, the problems that
they're having, Oh what just happened in a South Korea
or the guy called a martial law right martial law
and now they impeached them. It's one country after another
is going down. This is all a result of the
COVID war. That nobody talks about. They artificially propped up
the global economy with trillions, trillions of dollars of fake
money backed by nothing and printed on nothing and zero
and negative interest rates. Those days are over.
Speaker 3: So what about the cryptocurrencies? Here?
Speaker 1: Very bullish again. The bitcoin's gone up, and we've been
bullish on again. We don't give financial advice again. One
of our top trends for twenty twenty four was a
golden year for gold. Gold prices as we're speaking now
were up six hundred dollars an ounce. They would have
kept going way higher if there wasn't pitch coin and
the other cryptos. So now going into the crypto game,
look at the people Trump brought in, and go back
by the way to twenty twenty one, which is in
ancient history where Trump made fun of bitcoin. Sarat is
destroying doll We don't want it, it's disgusting. But then
he got all that dough from the crypto club and
brought in crypto guys to run part of his government.
So we believe it's going to be very positive for bitcoin.
Speaker 3: At Bitcoin Reserve and National Bitcoin Reserve. I mean right
now it's one hundred four or five thousand dollars, I
don't know. Yesterday was one hundred and seven thousand. How
high can go? Can it go up? Somebody's predicting eight
hundred and fifty thousand.
Speaker 1: Could keep going. It's a guessing game.
Speaker 3: There's nothing to stop it.
Speaker 1: So again, if they weren't cryptocurrencies, goal prices are probably
be double what they are.
Speaker 3: Right.
Speaker 1: Here's what happened again. We just look at you take
a place like Argentina and they have like an inflation rate.
They have like a three hundred percent turkey one after another,
way high inflation. The average person can't buy gold. They
gambling in the crypto markets. They buy a little bit
of this, a little bit of that. That's what kept
keeping the prices up. And again you get the magazine
we've been we wrote about when it was going down,
we said, if it doesn't hit this point, it's not
going to go lower. And it didn't hit that point.
When it hit another point, we said, yeh, it's going
to go higher again. I want to make this clear.
Sometimes people call me a futurist. They said, there's no
such thing. Nobody could predict the future. There are too
many wild cards where they're made by humans or nature.
Look at the crypto wildcard, the bitcoin wild card with
Trump coming in. Nobody could have predicted this. If you
went by what he said before, you would have never
thought what he's saying now. And now the game has changed.
Speaker 3: All right, So what about AI? Now? I use it
a lot in my business.
Speaker 4: And the thing that I used to hate most about
doing podcasts, Gerald was show notes. Now I got an
AI note taker. I feed the notes into chat GPT.
It writes it gets me about ninety five percent of
the way there.
Speaker 3: I fix it up. I fix up the headlines.
Speaker 4: Not great at headlines, it'll say, like in this insightful
interview Carrie Let's spoke with Gerald Celente about you know,
it does these It just it writes like a like
a high schooler that's gotten buzzed for lunch, you know,
kind of writes that way.
Speaker 3: But you can deal with that.
Speaker 4: But now we're getting to the point where you know,
I have to not have a Tesla.
Speaker 3: Not because I'm trying to save the world.
Speaker 4: I think it's a great car, but that car is
driving itself ninety five percent of the time that I'm
in it. Now, Gerald, I mean I when I first
started with the FSD two years ago. I didn't trust
it at all. I figure, you let this thing drive,
you're going to die. But now it's to the point where, honestly,
eighty five miles an hour an I ninety five. It's
better driver than I am. I have to admit it.
I mean, where does it end? Where does AI end?
I mean, this trend is unstoppable, and it's accelerating faster
than any other technological trend I've ever seen.
Speaker 1: Go back to the Internet revolution. You remember when your
computer if you wanted to watch like a little movie
or whatever, the figure's moved like this. It's it's just
part of the Internet revolution, and just like it was
an industrial revolution, and it's just going to keep growing.
It's the future. Love it, hate it, you know. It's
it's what it's going to be. Everybody's digitized. And by
the way, I don't carry a cell phone. I only
have an old flip phone when I travel, like when
I tell them I'm at gate number eight, when you
tell the car to picked me up, you know. And
because I did research work for the cellia telecommunications industry
going back to the nineties when they had boxes in
the backs of trunks or cars with the area I remember,
and I've been studying the radio frequency radiation from that
time to now and not my data, but go to
the University of California, Berkeley. If you're on a cell
phone seventeen minutes a day to ten years, your chances
of getting a brain tumor only increased by sixty percent.
Speaker 3: Is that all?
Speaker 1: That's all? And everybody's everybody's It's a whole different world.
People walk down the street like this. They don't say
Lodi anymore. Yeah, I'm a bar guy. Yeah, I love
going out. You know jazz cat, you know lover. Now
it go to any bar I go to? Is that
cell phone right next to the person on the cell phone?
They're not talking to you. I'm on a cell phone
on cell phone, So yeah, going to AI. It's the
whole world has changed, and it's just going to keep
going like that. And you're looking at data coming from
different companies like omen Sacks or whatever, and they're saying,
what six hundred million jobs are going to be was
to some ridiculous number, And it's true, but there also
may be a bust because you start overinvesting in these
like the dot com bust. Sure, and so there may
be and that is very important too, you know, just
brought up. Until yesterday, the Dow had the longest down
streak of day after day going negative since nineteen seventy eight.
So a lot can happen between now and next month
when Trump comes in. It's a lot of wild cards
out there. And the wild cards are the uh oh,
look what the hell's going on in the Middle East? Yeah,
holy jeez, with Syria, Turkey, United States, Israel, Iran, and
then there's Ukraine warkeeps you know what's or they just
wiped out that Russian.
Speaker 3: General, right, I saw that.
Speaker 1: So there are a lot of wild cards out there.
But again we're we're positive with We think Trump is
going to do some very positive things to the economy.
Speaker 3: All right.
Speaker 4: So one of the things, and I'm not a personal
fan of this individual, but senior person RFK Jr. You know,
I know him personally, I'm not a fan, but the
concept of make America healthy again and like get all
the garbage out of our food supply, all right. I
don't know that what he can do, but he's made
it now a national issue.
Speaker 3: Whereas the uh, you know, the what will we say, the.
Speaker 4: Military, industrial, agri industrial, petrochemical industry, the oil industry has
tried to keep food supply health out of the public eye.
You know, just take a couple of pills, you'll be fine.
Take it for the rest of your life. It'll be
even better. And now all of a sudden, we got
a guy who's going to be up there in the
government say no, this is bad. This is why everybody's
dying off. Why we've got Type two diabetes epidemic, batty liver,
obese kids, all these things.
Speaker 3: What's the trend there?
Speaker 1: It's positive here. This is the first book I worked
on natural healing back in the nineteen eighties. I have
an honorary doctorate from the National University Health Sciences for
the work I've done in complementary and it's a greater medicine.
When the COVID war broke out, you know, I go
to top guys doctors who are into it, and they
gave me a whole bunch of different vitamins and supplements
to take to stay healthy. Hadn't had a cold. I
got the cold last April the first time in five years,
for two weeks. So I totally agree with what rfkjune.
You're saying ultra processed foods alter process crap. As matter
of fact, there's an article I this is it in
this week's Trends Journal? Is it here?
Speaker 3: Just starting?
Speaker 1: Let me see. It was about the Yeah, drink a coke,
lose twelve minutes of your life.
Speaker 3: Yeah, so you say cigarettes.
Speaker 1: Yeah, drink a coke, snort coke. You know, again, look
at what the people are doing. I stopped drinking soda
when I was about twenty five years old. Now I'm
not going to do that stuff, you know, to do
that stuff anymore. And then again you'll look a look
at what's going on here, and uh, study links processed
foods with colon cancer. These are two articles in this
week's Trends Journal. So we write about these things, and again,
I am again only the facts. People don't like when
I say this. When we were young, guys, yeah, I'm
you know, look at the pictures of woodstock. Yeah, everybody's thin.
There were a couple of heavy people.
Speaker 4: They usually had glandular disorders when they were yeah.
Speaker 1: Yeah, but everybody. When I started going to college, they
started pushing this thing that women should be in the workforce. Motess,
men are why do you just you know, why are
you staying home raising your children when you could be
working and it's a supply and demand issue. Back then,
unions were very strong because they needed the guys. If
you didn't, they go and you had nobody replace them.
There was seven kids in my family. My mother makes
your rest of peace, cooking all day long, cleaning the house,
take care of eating this great food. Now a mother's
coming home. No, no, First, you're taking an infant, and
you're out of your mind as a kid. I didn't
stop growing up till I was here at thirty two.
I just started growing up. You're out of your mind
as a kid. You're screaming, crying, You're not getting any compassion,
you're not getting any love. You're in a nursing home
for kids that they call daycare centers. Others screaming kids,
and you're getting fag crap food. Can't understand why there's obesity.
Then your mother comes home, she's exhausted, and now she's
given you ultra processed food. That's what happened. It wasn't
like that before. It is when mothers stopped raising their children.
Speaker 4: Yeah, well, you know, it used to be the word
in the English language that had the largest number of
cinnamon synonyms was run. Now, I think sugar because if
you look at the label on any processed food, they
never call it sugar. They have eighty five different terms
for sugar, you know. And seed oils, which are originally
designed to lubricate machinery.
Speaker 3: And then they say, hey, we.
Speaker 4: Could cook in this stuff too, and the seed oils.
And I listened to RFK talk about this and I said,
oh my god, I've been watching videos on this for
years now about how our diet is killing us yep.
And food is you know, poison yep. And you know,
like fruit loops. The fruit loops have eighteen ingredients here
in the US and eighteen in Canada. Difference is all
the ingredients in Canada are natural, all of the coloring
and everything else in the US is fake and it's
all chemicals. So we got to this situation. I mean,
is it a deliberate conspiracy here to just kill people
off or it just become profit over everything else?
Speaker 1: Make money, make money, that's all it's about. But it's
just making money, that's all they're concerned about. They could
care less about anything else. Again, the billionaires are running
the country. You want to run for president? Why do
what do you go? But what a Trump got like
one point two billion? Kamala Harris over two billion. You
want to run for sentity? You want for CONGRESSA oh am,
I going to who do I have to suck up
to to get money that morons and imbeciles call campaign contributions?
How about calling your bribes and payoffs?
Speaker 3: Yeah?
Speaker 4: Yeah, that's so true. Well that's why you got to
go sign up for Trends Journal, right, so you know
all this stuff here Gerald.
Speaker 1: It's again, it's only two dollars and fifty six cents
a week. This week it's over. It's about two hundred
and twenty pages.
Speaker 3: That you read.
Speaker 1: What you want? You know again what I'm talking about? Yeah, yeah,
we're talking about the the food right, and we were
talking about AI. Amazon plans AI supercomputer, Open Ai considers
putting ads on chat GPT bots are beginning to peel
peel internet searches from Google. Open Ai partners with defense
contractor and one after another. So we cover everything. We
go to high tech science, we go to geopology, we
go to economics, we go to technocracy. We try to
give the people everything they can to help them prepare,
prevail and prosper in these times ahead. And I got
to tell you that wild times.
Speaker 3: Very wild.
Speaker 4: Well, Jerald, we always appreciate you coming on, getting your
take on things. Your proof, hopefully I'm a little bit
of proof too, is that it doesn't matter your age.
It's all about your attitude and and your nutrition. And
you've got to keep exercising all these things. Right, You
got it at least no substitute.
Speaker 3: All right, Well Trends Journal dot com.
Speaker 4: It links in the show notes of this interview on
Financial Survival Network dot com. Please join the sixty thousand
plus FSN Financial Survival Network subscribers here sign up for it.
Got a question for Gerald myself kl at Carrie Lutz.
That's the email, Jerald, Always a pleasure, Thanks for coming on.
Speaker 1: Oh, always a pleasure being on with you, and thank
you for all that you do. I really appreciate.
Speaker 2: Likewise, thanks for listening to carry Letz's Financial Survival Network
your solution to today's trying times. For the latest, go
to Financial Survivalnetwork dot com. Financial Survival Network now more
than ever